Economic Growth : Analysis and Policy book cover
1st Edition

Economic Growth
Analysis and Policy

ISBN 9781138944909
Published August 30, 2017 by Routledge
176 Pages

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Book Description

This book is concerned with the theory of economic growth and its relevance to policy for growth in developed economies. The various factors hwich determine the potential growth rate of a developed economy, and the problems involved in actually realising it, are analysed. The author also dicusses how growth and a satisfactory balance of payments may be achieved together.

Table of Contents

1. Investment, Technical Progress and Economic Growth. Mathmematical Appendix. 2. Research and Technical Progress. Appendix: The ‘Neutrality’ of Technical Progress 3. Capital Intensity and Economic Growth. Appendix I: The Rate of Profit, and Relative Prices of Capital and Consumer Goods Appendix II: The ‘Cobb-Douglas’ Production Function 4. Economic Growth at Full Employment 5. Government Policy for Growth: I Policy to Control the Overall Rate of Investment 6. Government Policy for Growth: II Policy to Influence Capital Intensity 7. Growth and the Balance of Payments 8. Conclusion

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